Answer the following questions using the information below:
Adelaide Educational Software Outlet sells two or more of the video games as a single package.Managers are keenly interested in individual product-profitability figures.Information pertaining to three bundled products and the stand-alone prices is as follows:
$$\begin{array} { | c | c | c |c| c | c | }
\hline & \begin{array} { c }
\text { Stand-Alone } \
\text { Selling Price }
\end{array} & \text { Cost } && \text { Package } & \begin{array} { c }
\text { Packaged } \
\text { Price }
\end{array} \
\hline \text { Reading Fun } & \$ 55 & \$ 7.20 && \text { 1. Reading Fun \& Math Fun } & \$ 98 \
\hline \text { Math Fun } & \$ 65 & \$ 8.00 && \text { 2. Reading Fun \& Science } & \$ 122 \
\hline \text { Science } & \$ 95 & \$ 10.00 && \text { 3. All three } & \$ 162 \
\hline
\end{array}$$
-Using the stand-alone method with selling price as the weight for revenue allocation,what amount of revenue will be allocated to Math Fun in the package that contains all three products?

Question

Answer the following questions using the information below:
Adelaide Educational Software Outlet sells two or more of the video games as a single package.Managers are keenly interested in individual product-profitability figures.Information pertaining to three bundled products and the stand-alone prices is as follows:
 $$\begin{array} { | c | c | c |c| c | c | } 
\hline & \begin{array} { c } 
\text { Stand-Alone } \
\text { Selling Price }
\end{array} & \text { Cost } && \text { Package } & \begin{array} { c } 
\text { Packaged } \
\text { Price }
\end{array} \
\hline \text { Reading Fun } & \$ 55 & \$ 7.20 && \text { 1. Reading Fun \& Math Fun } & \$ 98 \
\hline \text { Math Fun } & \$ 65 & \$ 8.00 && \text { 2. Reading Fun \& Science } & \$ 122 \
\hline \text { Science } & \$ 95 & \$ 10.00 && \text { 3. All three } & \$ 162 \
\hline
\end{array}$$
-Using the stand-alone method with selling price as the weight for revenue allocation,what amount of revenue will be allocated to Math Fun in the package that contains all three products?

Quizplus · Accepted Answer

To allocate revenue using the stand-alone method with selling price as the weight, you first need to determine the total selling price of all products in the package and then calculate the proportion of each product's selling price to the total. Finally, multiply this proportion by the total package revenue to find the revenue allocated to each product. Without the specific selling prices and total package revenue provided in the question, we can't perform the exact calculation here. However, the correct answer is based on applying this method to the given data, which results in $48.98 being allocated to Math Fun.

Answer the Following Questions Using the Information Below: Adelaide Educational

Answer the Following Questions Using the Information Below:
Adelaide Educational